The pros & cons of transparency

Should transparency in board composition be encouraged? And would more transparency in fund governance help to improve standards? The NED debates this with a transparency opponent, Iain Cullen, a partner at Simmons & Simmons.

Research conducted by The NED suggests that the vast majority of those with an interest in fund governance believe that there should be transparency in fund board composition. But, to date, it is often just investors and the regulator who are allowed to know who is on the board.